34 Year Old Drilling Tools Manufacturer
Harris County, TX
| Asking Price: | $2,325,000 |
| Gross Revenue: | $6,400,000 |
| FF&E: | $250,000 |
| Cash Flow: | $367,000 |
| Inventory: | $1,050,000 |
| Real Estate: | $1,041,000 |
Listing ID: 2261320Listing provided by BizBuySell
BUSINESS DESCRIPTION
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-928335
Decades old profitable premium drilling tools manufacturer with domestic and global distribution is seeking a new owner as the founder looks to retire. The business is offered at $2.5M while the real estate will be at market value, currently estimated to be $1.1M. Unique line of products afford a competitive advantage in the industry. Extensive working capital is included in the offering.
DETAILED INFORMATION
Location
Harris County, TX
Inventory
Included in asking price
Real Estate
Owned
Building SF
7,000
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Facilities: Facilities include approx 7,000 square feet of office and manuf. space in NW Hosuton.
FF&E General Condition: good
Support & Training
# of Weeks Seller Will Offer Training: 4
Reason for Selling
Retiring
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